Buyer’s agent spills on climbing rentvest popularity

Buyer’s agent Ben Plohl told Real Estate Business that rising Sydney prices were pushing more locals, particularly on the lower north shore, to keep renting where they lived while buying in cheaper markets such as Brisbane, Adelaide, Bendigo, Orange and Albury. He cited PIPA’s 2020 investor survey, where roughly 60 per cent of those polled were open to rentvesting and the share of first time investors already doing it had risen from 34 per cent to 44 per cent.